{"id":43241,"date":"2017-11-13T15:17:51","date_gmt":"2017-11-13T15:17:51","guid":{"rendered":"https:\/\/staging.startups.co.uk\/thestartupseries\/?p=43241"},"modified":"2021-01-11T16:15:06","modified_gmt":"2021-01-11T16:15:06","slug":"150000-later-after-start-up-series-myza","status":"publish","type":"post","link":"https:\/\/staging.startups.co.uk\/thestartupseries\/150000-later-after-start-up-series-myza\/","title":{"rendered":"\u00a3150,000 later: What happened after the Start-Up Series &#8211; MYZA"},"content":{"rendered":"<p>Recognising the benefits of good night&rsquo;s sleep, <a href=\"https:\/\/staging.startups.co.uk\/thestartupseries\/start-series-competition-perfect-funding-route-business\/\">MYZA<\/a> is the first curated online platform dedicated to retailing products and publishing editorial content designed to encourage healthy sleep.<\/p>\n<p>Founded by Helen Collins and Olivia Collins, MYZA&rsquo;s first landing page gained exciting levels of traction &ndash; but the duo knew a funding boost was needed to launch the business in full.<\/p>\n<p>So, in March 2017, they applied for The Start-Up Series: Startups.co.uk and Worth Capital&rsquo;s monthly funding competition, which now sees two start-ups per month winning up to &pound;150,000 equity investment each and access to expertise from investment promoters Worth Capital.<\/p>\n<p>The duo won the competition and &ndash; propelled by the funding and guidance offered to them by Worth Capital &ndash; are preparing to officially launch their website this week.<\/p>\n<h2>So, how has our March Start-Up Series winner achieved this &ndash; and how could your start-up benefit from The Start-Up Series?<\/h2>\n<p>Ahead of this monumental milestone, Startups&rsquo; caught up with the Collins&rsquo; on how The Start-Up Series has helped them to reach this point. They tell us: &ldquo;Doubtlessly, Worth Capital&rsquo;s investment has enabled us to get this far, we have been able to make our idea a reality and develop a website as we originally envisaged.<\/p>\n<p>&ldquo;In addition, Matthew Cushen [co-founder of Worth Capital] has provided a great sounding board for us, enabling us to &lsquo;bounce ideas&rsquo; off him, gain the benefit of his retail experience and generally receive constructive and objective feedback about our brand.&rdquo;<\/p>\n<p>So how exactly has Worth Capital&rsquo;s investment and guidance helped MYZA to develop from a concept to a ready-to-launch website? Here&rsquo;s what the business has achieved in the eight months since its Start-Up Series win&hellip;<\/p>\n<h2>A hugely expanded offering<\/h2>\n<p>According to the duo, MYZA has attracted a number of quality brands, all of whom have signed up to retail their sleep products through the platform. By no means limited to the UK, the start-up has also captured interest overseas:<\/p>\n<p>&ldquo;In addition to UK brands, we are already featuring US brands and an Australian sleepwear brand who were very keen to partner with us, plus European brands &ndash; so the website is looking global from the offset.<\/p>\n<p>&ldquo;A big highlight for us has been the really positive feedback from brands about our website. It has taken a lot of&nbsp; hard work to get to this point but it seems to be paying off!&rdquo;<\/p>\n<p>Alongside securing a range of products to sell, MYZA has been able to kickstart the website&rsquo;s specialist editorial content by recruiting Dr. Alanna Hupe, who runs the Royal Brompton Hospital&rsquo;s sleep clinic: &ldquo;She will be writing articles, conducting Q&amp;A sessions and heading up our team of sleep experts.&rdquo;<\/p>\n<h2>A talented team<\/h2>\n<p>In fact, MYZA has had the means to recruit a talented team which has helped to propel the start-up &ndash; once just a two-woman team &ndash; towards launch, including an &ldquo;extremely experienced&rdquo; CTO, two full-time content writers and a head of customer services.<\/p>\n<p>According to the duo, Worth Capital&rsquo;s business guidance has filled in the cracks in their own knowledge and experience here, pointing them in directions that they otherwise may not have followed &ndash; but which have brought fantastic benefits to the business:<\/p>\n<p>&ldquo;We are not from an technology background. Worth Capital suggested at the outset that we hire a CTO and although initially we were concerned by the potential cost implications, we now appreciate that this was great advice; our CTO is proving to be a tremendous asset and well worth the financial outlay.&rdquo;<\/p>\n<h2>Plans in place for the future<\/h2>\n<p>With the help of Worth Capital, MYZA is able to make plans for the next stage of its marketing efforts:<\/p>\n<p>&ldquo;Following our official launch we intend to focus heavily on [social media] as a means of engaging customers and spreading awareness of our brand. We are also looking at the possibility of appointing a PR who has marketplace expertise.&rdquo;<\/p>\n<p>The Collins&rsquo; ultimate goal for the website? &ldquo;We are aiming to become the go-to online shopping destination for all sleep needs. We are at the start of our journey but we have some great, innovative ideas for our brand so watch this space!&rdquo;<\/p>\n<h2>How you could win The Start-Up Series:<\/h2>\n<p>Finally, the founding duo offer a word of advice to any entrepreneurs who are looking to enter the competition:<\/p>\n<p>&ldquo;Have an idea which you feel passionate about &ndash; and we do not use this word lightly &ndash; and a solid business plan including realistic financials. Show evidence that there is a demand for your product or business in the market and importantly how you propose to differentiate your brand from your competitors (if any).&rdquo;<\/p>\n<h2>What The Start-Up Series could do for your business:<\/h2>\n<p>MYZA is one of many pre-launch&nbsp;start-ups which have won the Start-Up Series competition&nbsp;and gone on to take crucial steps towards the official launch of their offering.<\/p>\n<p>The Start-Up Series could give you the potential to attract clients, fund research and development, grow your team or otherwise take steps towards turning your start-up vision into a reality.<\/p>\n<p>Each month, up to &pound;150,000 equity seed investment from a &pound;3.6m funding pot, along with Worth Capital&rsquo;s invaluable business support and guidance, is on offer to two winners &ndash; with both B2B (business to business) and B2C (business to consumer) businesses now considered.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Recognising the benefits of good night&rsquo;s sleep, MYZA is the first curated online platform dedicated to retailing products and publishing editorial content designed to encourage healthy sleep. Founded by Helen Collins and Olivia Collins, MYZA&rsquo;s first landing page gained exciting levels of traction &ndash; but the duo knew a funding boost was needed to launch [&hellip;]<\/p>\n","protected":false},"author":85235,"featured_media":43258,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,12],"tags":[],"class_list":["post-43241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-news"],"acf":[],"yoast_head":"\n<title>\u00a3150,000 later: What MYZA did after The Start-Up Series<\/title>\n<meta name=\"description\" content=\"From hiring a talented team to securing partnerships, here&#039;s how winning The Start-Up Series in March has enabled sleep site MYZA to launch this week...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.startups.co.uk\/thestartupseries\/150000-later-after-start-up-series-myza\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u00a3150,000 later: What MYZA did after The Start-Up Series\" \/>\n<meta property=\"og:description\" content=\"From hiring a talented team to securing partnerships, here&#039;s how winning The Start-Up Series in March has enabled sleep site MYZA to launch this week...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.startups.co.uk\/thestartupseries\/150000-later-after-start-up-series-myza\/\" \/>\n<meta property=\"og:site_name\" content=\"The Startup Series\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-13T15:17:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-11T16:15:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/images.staging.startups.co.uk\/wp-content\/uploads\/sites\/5\/2017\/11\/%C2%A3150000-later-What-happened-after-the-Start-Up-Series-%E2%80%93-MYZA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"390\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Julia Watts\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Julia Watts\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.startups.co.uk\/thestartupseries\/150000-later-after-start-up-series-myza\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.startups.co.uk\/thestartupseries\/150000-later-after-start-up-series-myza\/\"},\"author\":{\"name\":\"Julia Watts\",\"@id\":\"https:\/\/staging.startups.co.uk\/thestartupseries\/#\/schema\/person\/38f44f43227d83d06d9aacf2f1f0b4c8\"},\"headline\":\"\u00a3150,000 later: What happened after the Start-Up Series &#8211; 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